• The total cost of company.
  • The initial and total value of the company will equal 200,000,000 NXT.
  • The initial issue of shares.
  • Total number of shares issued is 100,000,000, with a face value of 2 NXT.
  • The company will launch 49 % of common shares available to the public. The total will only be 49,000,000 shares.
  • Index ordinary share - STEX.
  • STEX asset is 4110498475301476439 only, no others.
  • 51,000,000 shares are registered shares, distributed among the owners of the exchange, and not subject to free circulation without the consent of the holders of common shares.
  • Shares are issued on the NXT platform as an asset.
  • After ARDOR comes live and shows it is ready to use, we will issue a new asset on the ARDOR platform and make public the method to convert NXT assets to the new platform.
  • Conditions of purchase and sale.
  • There is no commission when purchasing shares.
  • Shares of STEX trade directly on Stocks.exchange and may trade on other exchanges.
  • Accrual of dividends.
  • Shareholders receive a monthly report showing profits or losses. Profit and loss reports are published the 10th of each month for the preceding calendar month. Dividends are paid on the balance to the user in NXT, the 20th day of each month, for each share on the balance sheet at the end of the reporting period.
  • If loses occur in the calendar month, common shareholders (STEX) will not receive a dividend.
  • Dividends will be distributed to asset holders in NXT via the dividend payment NXT asset option.
  • All assets stored on user’s accounts on site will receive dividends without trade interruption.
  • Stock trading software.
  • Shares are freely traded on the Stocks.exchange (pair STEX / NXT). Share ownership is kept private. Shareholders that appear on the register of shareholders on the page INVEST US, will not be seen by the public. Shares not issued in the initial ICO, may not be traded without the consent of the holders of common shares.
  • Special conditions for shareholders.
  • Shareholders are entitled to vote on various developments related to the operation of the system (method to be chosen later).
Did this answer your question?